About Oppex
Oppex is a company based in Helsinki (Finland) founded in 2013 by Mikko Lehmuskoski.. Oppex has raised $3.8 million across 2 funding rounds from investors including Alma Media, Initial Capital and OpenOcean. Oppex operates in a competitive market with competitors including UrbanLeap, Capture2Proposal, Bidspeed, SmartMarches and B2B Quote Tenders, among others.
- Headquarter Helsinki, Finland
- Founders Mikko Lehmuskoski
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.8 M (USD)
in 2 rounds
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Latest Funding Round
$2.3 M (USD), Seed
Nov 10, 2015
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Investors
Alma Media
& 4 more
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Employee Count
Employee Count
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Funding Insights of Oppex
Oppex has successfully raised a total of $3.8M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.3 million completed in November 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $2.3M
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First Round
First Round
(17 Nov 2014)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2015 | Amount | Seed - Oppex | Valuation | Initial Capital , OpenOcean |
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| Nov, 2014 | Amount | Seed - Oppex | Valuation | Alma Media , Veturi |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Oppex
Oppex has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Alma Media, Initial Capital and OpenOcean. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are directed toward seed and early-stage tech companies.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by OpenOcean venture capital fund.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Oppex
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Oppex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Oppex Comparisons
Competitors of Oppex
Oppex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UrbanLeap, Capture2Proposal, Bidspeed, SmartMarches and B2B Quote Tenders, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
It serves as a platform to test and evaluate the solutions.
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| domain | founded_year | HQ Location |
Government contract proposals are managed through AI-driven opportunity evaluation.
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| domain | founded_year | HQ Location |
Platform for finding, organizing, and securing government contracts.
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| domain | founded_year | HQ Location |
Platform for consulting public markets and tenders in Algeria.
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| domain | founded_year | HQ Location |
B2B tender datasets are accessed through an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Oppex
Frequently Asked Questions about Oppex
When was Oppex founded?
Oppex was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Oppex located?
Oppex is headquartered in Helsinki, Finland.
Is Oppex a funded company?
Oppex is a funded company, having raised a total of $3.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Nov 17, 2014.
What does Oppex do?
Oppex is a search engine for public sector tenders. The company gathers tenders globally from various countries and translate everything into English. Oppex helps companies find new business opportunities from the public sector. The company has launched two products Oppex Insights and Oppex Search. Oppex Insights provides businesses with detailed information such as the number of tenders in a specific timeframe or names of winners and buyers. Oppex Search is the search engine for public tenders. All needed information on past government procurement projects -tenders, RFP, RFQ can be accessed via Oppex Search. Its customers do business directly with the public sector or operate as subcontractors and suppliers. It offers a subscription-based pricing model.
Who are the top competitors of Oppex?
Oppex's top competitors include Capture2Proposal, B2B Quote Tenders and UrbanLeap.
Who are Oppex's investors?
Oppex has 5 investors. Key investors include Alma Media, Initial Capital, OpenOcean, Veturi, and Reaktor Ventures.